Examples of Surviving Obligations in a sentence
If the Purchaser elects to terminate this Agreement as aforesaid, the Deposit shall be refunded to the Purchaser and neither party shall have any further rights or obligations under this Agreement except for the Surviving Obligations.
So long as there are any Secured Obligations outstanding (other than Surviving Obligations), the Loan Parties shall also cause to be carried and maintained insurance upon the business and assets of Company and its Subsidiaries, as may be required by applicable law, to such extent and against such hazards and liabilities, as is customarily maintained by companies similarly situated, as determined by Borrower in good faith.
Any amount paid to any Loan Party on account of any payment made under this Guaranty prior to repayment in full of all Secured Obligations (other than Surviving Obligations) shall be held in trust for the benefit of Agent and promptly turned over to Agent.
Until all of the Secured Obligations have been paid and discharged in full (other than Surviving Obligations), nothing shall discharge or satisfy the liability of any Loan Party hereunder except the full performance and payment of all of the Secured Obligations (other than Surviving Obligations).
Each Loan Party hereby waives and no Loan Party shall exercise any rights which it may acquire by reason of any payment made under this Guaranty, whether by way of subrogation, reimbursement or otherwise, in each case, until the prior repayment in full of all Secured Obligations (other than Surviving Obligations).